Usage-Based Insurance Market Projected to Gain the 38% Share by North America Region
North America Usage Based Insurance Market is projected to hold a dominant share of around 38% by 2024. The market growth is driven by an increase in the use of telematics systems that are equipped with features such as vehicle tracking systems, remote theft alarm, and driver assistance systems. The rising incidents of vehicle theft in this region are expected to augment the Usage Based Insurance Market growth.
View full press release